SL Industrial Partners Acquires 339K SF VA Distribution Center From Equus Capital Partners For $38.2M
State Route 522
339,450 SF
Summary
Equus Capital Partners has recently sold the Virginia Inland Port Logistics Center, a 339,450-square-foot Class A distribution center located at 300 Winners Ct in Front Royal, Virginia. The property was sold for a total of $38.2 million to SL Industrial Partners, a company operated by the Silverman Group. This industrial asset is situated in the Front Royal market, offering a prime location for businesses in the area.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $38,200,000
- Square Footage: 339,450
- Address: 300 Winners Ct, Front Royal, VA
- Market: Front Royal, VA
The sale of the Virginia Inland Port Logistics Center was facilitated by Jonathan Beard, Michael Hines, and Robert "Bo" Cashman, who acted as the brokers in the deal on behalf of CBRE. Equus Capital Partners, represented by Daniel M. DiLella Jr., made the decision to sell the property to SL Industrial Partners, a subsidiary of the Silverman Group. The transaction marks a significant achievement for both parties involved and demonstrates the ongoing activity in the industrial real estate market.
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